Digital Signage Market 2021 by Technology Advancements and Business Growth Outlook- Samsung Electronics, LG Electronics, Philips, Toshiba, Daktronics, Sony, Panasonic, NEC Display

The Global Digital Signage Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

Over the next five years the Digital Signage market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 11820 million by 2025, from US$ 9395.6 million in 2019.

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Top Companies in the Global Digital Signage Market:
Samsung Electronics, LG Electronics, Philips, Toshiba, Daktronics, Sony, Panasonic, NEC Display, Sharp, Planar Systems (Leyard), Mitsubishi, Chimei Innolux (CMI), Advantech, Goodview (CVTE), Cisco Systems Inc, Marvel Digital, etc.

Recent Developments

In November 2020, Sharp launched the new massive 8K Ultra-HD professional LCD. The new display packs in 33 million pixels and employs a wide color gamut color filter and optimized LED backlight phosphors. This helps the display to deliver brilliant clarity and reproduce improved gradations of red, blue, and green in the pixels.

In July 2020, LG launched its most advanced LED signage system, LSAA LED signage series. The new product offers giant-screen performance, design, and integration and delivers a cable-less block assembly design.

In June 2020, Planar announced updates for its TVF Series of LED video wall displays. The new 0.9-millimeter pixel pitch model comes with an improved power design and supports high-resolution video walls. The updated model delivers exceptional visual performance and follows simple installation and maintenance.

In June 2020, Sony launched new 55 to 85-Inch BRAVIA 4K HDR BZ40H models of professional displays. The models come in different sizes, including, 55-inch, 65-inch, 75-inch, and 85-inch featuring an embedded 4K HDR processor and TRILUMINOS display technology. The new models are suitable for use across digital signage, conference rooms, security camera surveillance, public spaces, radio and television, smart classrooms, museums and exhibition halls, and healthcare institutions.

In February 2020, Samsung announced the launch of the new QLED 8 K SMART signage, the world’s first 8 K display capable of 24/7 operation. The newly launched signage offers exceptional picture quality and is designed to be wall-mounted. The QLED 8 K signage is available in various sizes for different business needs and is equipped with the AI quantum processor 8 K.

Market Overview:

Digital signage or dynamic signage is an electronic display that advertises contents, broadcast data, television programming, and other contents. Digital signs make use of various technologies including LED and LCD. They are found in both private institutions and public places such as retail outlets, restaurants, and corporate environment.  Digital signage depends majorly on hardware components to ensure the delivery of high-quality content. These displays have replaced the traditional small and micro-display screens with large wall-sized LED and LCD displays, used across various industries. They are designed for applications that require the vendors to engage their customers/audiences with its wider viewing angle and to extract maximum effectiveness from the marketing messages. 

Market Segmented by Types:

40 - 50 inch

50 - 60 inch

Under 40 inch

Larger than 60 inch

Market Segmented by Applications:

Retail

Healthcare

Hospitality

Transportation

Others

Regional Analysis:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Silicon Carbide (SIC) Power Semiconductors Market these regions, from 2021 to 2026 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Influence of the Digital Signage Market report:

-Comprehensive assessment of all opportunities and risk in the Digital Signage Market.
-Digital Signage Market recent innovations and major events.
-Detailed study of business strategies for growth of the Digital Signage Market-leading players.
-Conclusive study about the growth plot of Digital Signage Market for forthcoming years.
-In-depth understanding of Digital Signage Market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Digital Signage Market.

Browse the report description and TOC:

https://www.marketintelligencedata.com/reports/205305/global-digital-signage-market-growth-2021-2026?Mode=S48

Economic Insights:

-Recent developments and key government policies.
-Short to medium-term outlook, including forecasts for economic growth, inflation, monetary and fiscal policy, exchange rates and the external sector.
-Key forecast data, with regional comparisons.
-Includes GDP, expenditure, population, fiscal indicators, prices and financial indicators, current account, external debt, international reserves, foreign trade, capital flows, exchange rates, money supply, interest rates, retail sales and industrial production

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About Us:

Marketintelligencedata provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Marketintelligencedata provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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